July 2025 Business Due Dates

July 1 – Self-Employed Individuals with Pension Plans If you have a pension or profit-sharing plan, you may need to file a Form 5500 or 5500-EZ for the calendar year 2024. Even though the forms do not need to be filed until July 31, you should contact this office now to see if you have […]

July 2025 Individual Due Dates

July 1 – Time for a Mid-Year Tax Check Up Time to review your 2025 year-to-date income and expenses to ensure estimated tax payments and withholding are adequate to avoid underpayment penalties.   July 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips […]

Don’t Ignore Household Employee Payroll Tax Rules

If you hire a domestic worker to provide services in or around your home, you probably have a tax liability that you don’t know about – or one that you do know about but are ignoring. Either situation can come back to bite you. When the worker is your employee, your liability includes both withholding […]

Think the IRS Is Slowing Down? Why That Might Actually Increase Your Audit Risk

You’ve probably seen the headlines:“IRS funding slashed.” “Audit rates down.” “Staffing cuts.” If you’re a business owner, investor, or part of a high-earning household, you may be thinking: Finally, some breathing room. But here’s the reality:The IRS isn’t pulling back. It’s just getting smarter about who it goes after. The IRS Isn’t Auditing Everyone—Just the “Right” PeopleWith fewer […]

Celebrating 70 Years of Service, Integrity, and Growth at Brown, Graham & Company, P.C.

In 2025, Brown, Graham & Company, P.C. proudly celebrates a major milestone—70 years of trusted service to individuals, businesses, and communities across Texas. For seven decades, our firm has remained steadfast in our commitment to excellence, client-focused solutions, and a culture built on integrity and professionalism. A Legacy That Began in 1955 Our journey began […]

Brown Graham Celebrates 70 Years of Trusted Service and Lasting Impact

Texas-Based CPA Firm Reflects on Seven Decades of Client Partnerships, Innovation, and Community Commitment Amarillo, TX — Brown Graham proudly marks its 70th anniversary in 2025, celebrating a legacy of trusted client relationships, professional excellence, and a commitment to service that began in 1955. From its early beginnings as a small-town partnership, Brown Graham has […]